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Argentina and China sign $1b currency swap deal
Monday, September 8, 2014 17:30
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Argentina will receive the first tranche of yuan worth up to $1 billion in a massive currency swap with China before the end of this year. The deal will boost the troubled economy’s foreign reserves. It comes as part of a loan worth $11 billion signed in July by Argentina’s President Cristina Fernandez de Kirchner …
Source: http://www.hangthebankers.com/argentina-and-china-sign-1b-currency-swap-deal/
